£258,343
This estimated value is based upon the latest sale price for the house of £156,000 on 16 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£156,000 | 16 Sep 2013 |
£177,000 | 27 Sep 2012 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in September 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £156,000 results in an estimated price of approximately £258,343.
16 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £156,000 | £102,343 | £258,343 |
The Postcode Pricing Model uses changes in average sales price within the CO16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 36.292 % | £56,615 | £212,615 |
3 Month Average | 60.071 % | £93,710 | £249,710 |
6 Month Average | 60.441 % | £94,288 | £250,288 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £239,316 | £235,000 | 69 CROSS ROAD |
18 Aug 2023 | £203,673 | £200,000 | 1 GRIER WAY |
4 Aug 2023 | £244,408 | £240,000 | 12 GLOVER CLOSE |
20 Oct 2022 | £318,935 | £320,000 | 7 NICHOLLS WAY |
9 Sep 2022 | £264,823 | £265,000 | 101 LEGERTON DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Sep 2012. Using an estimated price of £258,344 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on CLEAVE CLOSE is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Farm Drive |
Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Elm Farm Drive |
Apr 2024 | Theft from the person | Under investigation | On or near Elm Farm Drive |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glover Close |
May 2024 | Other crime | Under investigation | On or near Dresden Square |